Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1887-01-26

household word among the people,
East and West. A prince Of money
makers, he has been, from the very
beginning Of his remarkably success
full financial career, a prince of bene-
factors. With hands unstinted in
the disbursement Of private charity,
he has nevertheless outshone the
world in the distribution Of his per-
sonal funds for public benefactions.
That he is self-made man, and has
voluntarily accomplished all this
during his own lifetime, and, with
out waiting for posthumous great
ness, has cheerfully parted with a
mighty empire of his honorably &C.
quired possessions, proves the natu-
raj pre-eminencc of the man as a
philanthropist. And the fact that
these benefactions have always been
of the most comprehensive and sat
isfactory charscter-as the largest
endowment in the world for a great
educational institute, the Stanford
University. and an immense gift for
the physical improvement and enjoy
ment of the plodding and aspiring
poor-goes to prove that he pos
sesses the prerequisites for the
high position as an administrator
of the Nations affairs to which the
people will gladly assign him if
party managers will give them op-
portupity. Leland Stanford belongs
to the whole people. As the one
man who bore a most conspicuous
part in the great work Of spanning
the continent with sinews of steel to
make the first great track to the Pa
ciflc Ocean for the iron horse, he has
endeared himself to every lover Of
the Nations unity and progress.
He is the one man who, having large
possessions, has never abused his
power, and the one man who, seeing
further than his colleagues in finance,
voluntarily counseled a policy of
wholesale reduction in transconti-
mental rates Of travel, in order that
there might be a chance to ''trade
upon the country's future"
The TIMES believes that time will
prove that Stanford's well-known po-
sition on the "long haur' grade of
prices for transcontinental commerce
is the correct one. As an individual
he is so wealthy as to be absolutely
above personal pecuniary cares and
considerations. He has learned by
an experience vastly greater than
that of the combined del CATION OF
Eastern Congressmen--whoo ut-vote
him-that great commercial centers
are necessary, and should be located
at widely distant places, as at New
York, Chicago, and San Francisco,
for the practical and proper distribu.
ton of commodities. The "short
haul" trader is usually q small cap.
italist (if one at ally, and must be
carried" continually by the "lone
haul dealer, whose business centers
in the distant cities. Discrimina-
ton in favor OF the "short haul
trader will induce the great capital.
list, who has given him credit, to with.
hold his patronage, and then he
goes to the wall. The millionaire
merchants understand the situation
and in joining with Stanford in re-
monstrating against the Interstate
Commerce Bill, will prove by prac
tical demonstration before the mex,
Presidential vote is taken, that the
great railroad magnate and philan
thropist of the Pacific was right.
Mrs. Logan, If nominated, w,l
carry the Nation for the Presidency
through the spontaneous iguitior
of public impulse. Stanford, witt
. his elegant home in New York, and
his vast financial interests in thai
mighty center of commerce, will set
tie the question as to who will helE
the great soldiers widow in carry.
ing the electoral vote Of the Empire
State. The srmptuous home o
Stanford in Washington is anothe
great center Of attraction, and hi:
palatial residence in San Francisco
with Menlo Park, his great Univer
sity endowment, and numerous othel
benefactions of lesser note, though
of no lesser importance to the PEG
pie he has benefited, form a contin
!, uous chain, or series OF connecting
links between The Atlantic and Pa